The table with this story shows global beverage volume performance for CocaCola and PepsiCo, culled from the companies’ most recent annual regulatory filings. The companies disclose growth or decline for selected markets or business units, and those included can vary from year to year. Changes are often expressed without specific percentages. The data include carbonated and non-carbonated drinks.
Coca-Cola. Coke’s Brazil business unit, led by its president and rising star Henrique Braun, remained strong in 2019 with +5.0% growth, following a +1.0% gain the previous year. That was despite the fact that the country posted its lowest GDP growth rate in three years last year. Back in 2017, Coke’s beverage volume declined -6.0% following a two-year recession. Other markets posting strong growth rates last year included India & Southwest Asia, Latin Center (centered on Costa Rica) and Southeast Asia. Japan and South Latin posted declines while China/Korea slowed.
PepsiCo. Brazil remained strong for PepsiCo’s beverage business as well in 2019. Growth in India and Mexico accelerated. Russia, Pakistan and Turkey turned to declines. In Europe, France declined and growth in Germany slowed, as UK moved to a gain last year from a decline during the previous year.
© 2022 Beverage Digest.
Design, CMS, Hosting & Web Development :: ePublishing